Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Viet Nam
Viet Nam: Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile was 11.4% in 2020. ◆ Volatile
Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Viet Nam, 2006–2020
Source: ASPIRE.
Analysis
In 2020, poverty gap reduction (%) - domestic private transfers -1st quintile in Viet Nam stood at 11.4%.
Compared with earlier readings it is up 32.2% over ten years.
Over the whole period, poverty gap reduction (%) - domestic private transfers -1st quintile in Viet Nam peaked at 38.7% in 2006 and was at its lowest, 7.8%, in 2014.
That places Viet Nam 24th out of 30 countries with data for 2020, putting it in the bottom quarter.
Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile in Viet Nam, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 38.7% | — |
| 2010 | 8.6% | -77.8% |
| 2012 | 11.4% | +32.3% |
| 2014 | 7.8% | -31.3% |
| 2020 | 11.4% | +45.5% |
Viet Nam compared with similar countries
- Viet Nam's 11.4% is below the median for upper middle income countries, which is 20.7%, 55% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 38.7% | 38.7% | 38.7% | 1 |
| 2010s | 9.3% | 7.8% | 11.4% | 3 |
| 2020s | 11.4% | 11.4% | 11.4% | 1 |
Countries ranked near Viet Nam
- 21 Chile 12.5% compare
- 22 Uruguay 12.3% compare
- 23 Republic of Moldova 11.8% compare
- 25 Panama 11.1% compare
- 26 Kazakhstan 11.0% compare
- 27 El Salvador 9.8% compare
More work & labour data for Viet Nam
- Persons outside the labour force (ILO modelled estimates) 22,535 (2027)
- Labour force participation rate (ILO modelled estimates) 71.95 (2027)
- Labour force (ILO modelled estimates) 57,816 (2027)
- Unemployment rate (ILO modelled estimates) 1.61 (2027)
- Labour dependency ratio 0.806 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 30,426 (2027)
- Output per worker, GDP constant 2015 US $ 8,480 (2027)
- Employment-to-population ratio (ILO modelled estimates) 70.79 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 3.1 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.7361 % change on previous year (2027)
Frequently asked questions
- What is poverty gap reduction (%) - domestic private transfers -1st quintile in Viet Nam?
- Poverty gap reduction (%) - domestic private transfers -1st quintile in Viet Nam was 11.4% in 2020, according to ASPIRE.
- What is the highest poverty gap reduction (%) - domestic private transfers -1st quintile recorded in Viet Nam?
- The highest recorded value was 38.7% in 2006.
- What is the lowest poverty gap reduction (%) - domestic private transfers -1st quintile recorded in Viet Nam?
- The lowest recorded value was 7.8% in 2014.
- How does Viet Nam rank for poverty gap reduction (%) - domestic private transfers -1st quintile?
- Viet Nam ranks 24th out of 30 countries with data for 2020.
- Is poverty gap reduction (%) - domestic private transfers -1st quintile rising or falling in Viet Nam?
- Over the last ten years it is up 32.2%. The long-run trend across the full record is volatile.
- Where does this Viet Nam data come from?
- The figures come from ASPIRE, published as part of Poverty Gap reduction (%) - Domestic Private Transfers -1st quintile (poorest) -rural. Statizoid updates them automatically from the source API.
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About this data
Poverty gap reduction due to Domestic Private Transfers programs as % of pre-transfer poverty gap